The best answer for this question would be that it will be decreased by $150 billion.
<span>Because since we are following the rules of Budget Surplus which states that the income or receipts have increased the outlays of its expenditures. It is commonly known in the term “savings” and what we refer to the financial states of the government.</span>
Answer: Nether Australia or Europe
Explanation:
Purchasing power parity is a notion that states that prices of the same or similar goods should have the same price across the world after adjusting for exchange rate differences.
If the price of a tall latte in the U.S. is $4,00, it should be the same price in Europe and Australia after exchange rate adjustments.
$4.00 in Euro is: $4.00 in Australian dollars is:
= 4 * 0.8 = 4 * 1.4
= €3.20 = $5.60
Purchasing power parity does not hold in wither countries because the prices of the lattes are not equal to the $4.00 in the U.S. after adjustments for exchange rates.
Answer:
The correct answer is: we demand the product that labor helps produce rather than labor service per se.
Explanation:
The demand for inputs of production such as labor is called derived demand. This is because their demand is derived from the demand for goods that they are used to produce.
These inputs are used in the process of production. The derived demand affects the price of derived goods.
